Tim Cook Earns Average U.S. Salary in 7 Hours as Pay Gap Widens
Apple CEO Tim Cook earns more in seven hours than the average American makes in a year, underscoring the growing divide between executive compensation and household income.
Apple CEO Tim Cook earns more in seven hours than the average American makes in a year, underscoring the growing divide between executive compensation and household income.
Google has begun testing real-time speech translation in Google Translate using its Gemini AI model, enabling live conversations through any wireless headphones across more than 70 languages.
A 20-year-old Canadian lottery winner declined a $1 million lump-sum payout in favor of a guaranteed $1,000 weekly lifetime annuity, a choice financial experts say offers long-term stability and protection from impulse spending.
Warren Buffett will step down as CEO of Berkshire Hathaway at year-end, with Vice Chairman Greg Abel set to assume leadership in 2026 as the conglomerate enters a new era after decades under Buffett’s direction.
OpenAI unveiled GPT-5.2, its new flagship model designed for agents, automation, and advanced coding tasks, with expanded reasoning controls and a higher API price point.
European markets slipped on Thursday as the Swiss National Bank kept rates at 0% and investors digested the Federal Reserve’s latest quarter-point cut alongside signals that further easing may prove difficult.
Oracle shares tumbled more than 11% after quarterly revenue fell short of expectations, triggering a broader pullback in AI-linked stocks including Nvidia and AMD. The weak top-line results weighed on futures and reignited concerns over the durability of enterprise AI spending.
A re-circulating case from Texas shows how Joan R. Ginther, a PhD statistician, won the lottery four times by exploiting structural flaws and statistical patterns – not luck – accumulating $21 million in legal winnings.
Goldman Sachs says China’s yuan is roughly 25% undervalued on a trade-weighted basis and is likely to appreciate more than current 2026 forward pricing suggests.
SpaceX’s decision to move toward a long-anticipated IPO has reignited expectations for a global listings rebound, potentially unlocking as much as $2.9 trillion in delayed public offerings.
The Federal Reserve is expected to issue a third straight rate cut while warning that further easing may be limited, as officials remain split over slowing job growth and stubborn inflation.
Spot silver reached $60 per ounce for the first time ever, propelled by tight supplies and growing demand. The surge is drawing fresh scrutiny as supply shortages, rising industrial demand, and speculative flows reshape silver’s traditional role.
The Bank for International Settlements says gold’s 60% surge alongside record-setting equities marks an unusual pattern that may signal speculative excess across major markets.
The EU fined Elon Musk’s X €120 million for misleading verification practices, prompting sharp criticism from U.S. officials who accuse Europe of unfairly targeting American tech companies.
Yieldstreet has rebranded as Willow Wealth after disclosing $41 million in new real estate defaults, bringing total investor losses to at least $208 million. The firm is repositioning toward third-party private market funds amid rising scrutiny over past performance.